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Montoni industrial condos a 'strategic advantage' for SMEs

4 days ago

Montoni industrial condos a 'strategic advantage' for SMEs

Montoni has launched a line of industrial condos — commercial buildings typically between 60,000 to 100,000 square feet that can be laid out like a townhome community — with small- and medium-sized businesses in search of flexibility as the target audience.

Why office to residential conversions may be slowing down

Canada has seen a surge in conversions in recent years, but headwinds from a slumping housing market and a lagging regulatory environment are dampening some of the enthusiasm.

A year after Cowichan decision, parties readying appeals

The court ruling that granted the Cowichan Tribes Aboriginal title to a swath of southeast Richmond is a year old, and First Nations, businesses and the province are all gearing up for an appeals process that could take years.

Edmonton mall's saviour says transformation will take time

Edmonton City Centre mall has been acquired by Westrich Pacific Corp. Under new ownership the mall could see 1,500 new residential units on the site of the former Hudson's Bay, plus street-fronted retail, a rooftop Nordic spa and other entertainment. 

Shopping malls anchor former HBC landlord's business

VIDEO: Alex Avery, chief executive officer at Primaris REIT (PMZ-UN-T), sits down with Financial Post’s Larysa Harapyn about how new tenants are paying off for this former Hudson’s Bay Co. landlord.

Galeries de la Capitale investing $19M in old Hudson's Bay

A major redevelopment project valued at $19 million is underway at Galeries de la Capitale shopping centre in Quebec City to create a new commercial wing in the former Hudson's Bay store, including a variety of retailers and restaurants.

B.C. Place has never been busier than in 2026

In total, the venue will host 10 major music events in 2026. Chris May, general manager of stadium operator PavCo, says this is only the beginning for the future of Western Canada’s largest multi-purpose stadium.

Oakville greenlights 4 new towers near Bronte GO

The Town of Oakville has approved the construction of four large mixed-use towers near the Bronte GO Station. Council voted during its Aug. 10 meeting to allow the developer, NBIM 2172 Wyecroft LP, to move ahead with the project.

4 towers and park proposed for former Guelph factory site

One of Guelph’s most impactful redevelopment proposals, proposed by Wood Development Group, would transform the former W.C. Wood Plant No. 2 into a mixed-use residential community in The Ward, within a short distance of Guelph Central GO and VIA station.

Ontario moves to regulate data centres amid concerns

Queen’s Park is moving to regulate data centres amid concerns from municipalities about the energy-sapping facilities that are used to power artificial intelligence. Ford emphasized “digital security and data sovereignty” are critical amid the ongoing U.S. trade tensions.

Saanich clears path for industrial land expansion project

One of Saanich’s more forgotten streets will be getting an infusion of new life after council Tuesday night unanimously approved a rezoning and development permit for an eight-storey office and self-storage project west of Douglas Street.

BREIT exits self-storage, invests billions into data centres

Blackstone Real Estate Income Trust has officially exited the self-storage space as it puts its financial weight behind its data centre platform, QTS. The REIT has offloaded its last 79 self-storage assets for $852.3M in net proceeds.

Canary Wharf sells Société Générale office for $843M

Canary Wharf Group Investment has sold an office building that houses Société Générale SA and the European Bank for Reconstruction and Development to its own investors. 1-5 Bank St., whose tenants include the two organizations, sold for US$843M.

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